About CI Financial (TSE:CIX)

CI Financial Corp. (CI) is a wealth management and investment fund company. The Company is engaged in management, marketing, distribution and administration of mutual funds, segregated funds, exchange-traded funds, structured products and other fee-earning investment products for Canadian investors. CI operates through two segments: Asset Management and Asset Administration. The Company's Asset Management segment provides the majority of CI's income and derives its revenue principally from the fees earned on the management of various families of mutual, segregated, pooled, exchange-traded and closed-end funds, structured products and discretionary accounts. CI's Asset Administration segment derives its revenue principally from commissions and fees earned on the sale of mutual funds and other financial products and ongoing service to clients. The Company's products are distributed primarily through brokers, independent financial planners and insurance advisors, among others.

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CI Financial (TSE:CIX) Frequently Asked Questions

What is CI Financial's stock symbol?

How often does CI Financial pay dividends? What is the dividend yield for CI Financial?

CI Financial announced a monthly dividend on Tuesday, February 27th. Investors of record on Thursday, March 15th will be given a dividend of 0.1175 per share on Thursday, March 15th. This represents a $1.41 dividend on an annualized basis and a yield of 4.96%. The ex-dividend date of this dividend is Tuesday, February 27th. View CI Financial's Dividend History.

How were CI Financial's earnings last quarter?

CI Financial Corp (TSE:CIX) posted its quarterly earnings results on Thursday, February, 15th. The company reported $0.59 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.59. The firm earned $594.40 million during the quarter. CI Financial had a net margin of 21.66% and a return on equity of 28.22%. View CI Financial's Earnings History.

Has CI Financial been receiving favorable news coverage?

News coverage about CIX stock has been trending somewhat positive this week, Accern reports. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CI Financial earned a media sentiment score of 0.19 on Accern's scale. They also assigned media coverage about the company an impact score of 46.91 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

How do I buy shares of CI Financial?

Shares of CIX and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

What is CI Financial's stock price today?

One share of CIX stock can currently be purchased for approximately C$28.40.

MarketBeat Community Rating for CI Financial (CIX)

MarketBeat's community ratings are surveys of what our community members think about CI Financial and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

CI Financial (TSE:CIX) Analysts' Consensus Rating

MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.

MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.